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FAQ 10.34

Related party transactions

 

10.34

In order to come within the ambit of "published or publicly quoted" as provided under Rule 10.08(11)(g) of the ACE LR, must the prices be advertised to the public?

​In order to satisfy the criterion of "published or publicly quoted" under Rule 10.08(11)(g), the prices need not be advertised. So long as the pre- determined prices are or can be made readily available to the public or customers, this criterion is deemed satisfied.